Leveraging the potential of cloud computing, mobile computing and social media is critical to survive competition, it was observed at the recently concluded CIO Executive Leadership Roundtable held in Chicago. The invitation-only event was attended by 120 Chicago-area CIOs and IT executives. Produced by HMG Strategy, the event sought to provide a high-level, private venue for sharing crucial knowledge, exploring new strategies, and envisioning new revenue streams through innovative use of information technology. The event was hosted by the Chicago Chapter of SIM (Society for Information Management).
Cloud computing is a concept of renting computing power. It is seen to have become the latest sensation in the technology world. The most common examples of cloud computing are web-based applications such as Google Docs and Gmail. Given concerns about security and reliability, few big companies are ready to entrust their IT operations to publicly shared infrastructure, even if it is cheaper. Those companies increasingly have another alternative, the private cloud.
Large companies are creating private clouds by moving their internal computer power and applications off the PC desktop and onto shared infrastructure. Here employees use it only as needed. Unlike the public clouds, the resources of the private cloud are shared only within the corporate community. They are controlled by the corporation, not a third-party vendor that has the ability to lease them to anyone it chooses.
Massachusetts recently passed new data protection laws that require companies to place information of its residents behind a firewall monitored by an IT worker at all times. The law, which applies to all organisations, requires those that use cloud computing to monitor their security and that of any cloud computing vendor they use.
According to the Digital Due Process Coalition (DDPC), the growth of cloud computing has made updates even more pressing as companies store e-mail archives and other communication data in multiple jurisdictions. The coalition recently announced that it will discuss changes to the Electronic Communications Privacy Act (ECPA) to account for growing digital communication and cloud computing's popularity surge. The ECPA became law in 1986 and formalised privacy expectations and the seizure of digital correspondence in criminal and civil litigation. According to DDPC, the law has become outdated as instant messaging, e-mail and other forms of digital communication have become preferred methods.
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